HSBC India Student Education Loan Program can help ease students’ financial concerns as they embark on one of the biggest decisions in their life – attending the college or university of their dreams.

HSBC bank offers education loan for Indian students who want to attain a world-class education at a U.S. college or University. The loan covers the cost of education – tuition, fees, room charges, boarding, books, and other education-related expense. With over 2544 branches across India, HDFC is a popular education loan provider. The bank interest rate typically ranges between 12 to 13 per cent p.a. A rate of 24 per cent p.a. is applicable on late repayments.

All loans are subject to terms and conditions and are at the sole discretion of The Hong Kong and Shanghai Banking Corporation Limited, India (HSBC India). Loans are available for applicants and properties in and around the limits of cities where HSBC India has branches and is subject to change time to time.


  • Applicant should be an Indian resident
  • Minimum net annual income of Rs. 150,000 for secured loan and Rs. 75,000 for unsecured loan
  • Student must have secured admission to a recognized college/university in India or abroad

Courses Eligible
The eligible courses for HSBC student loan are graduate courses in abroad or India. Student can avail loan of amounts ranging from a minimum of Rs. 50,000 to a maximum of Rs. 25, 00,000. Expenses covered by the Loan include boarding and lodging.

Financial Support
For candidates looking to study in India a loan can be granted for up to Rs 15 lakhs. Foreign education loans can be taken up to Rs 20 lakhs with no collateral required if the amount is less than Rs 7.5 lakhs.

Loans above Rs.500, 000 are available against security of residential property/shares.


  • Repayment is done through Equated Monthly Installments (EMIs) scheme.
  • Repayment period is up to 4 years for unsecured loans and 7 years for secured loans (against security of a residential property / shares).
  • Repayment starts one year after course completion or 6 months after obtaining employment (whichever is earlier).

In order to be eligible for a loan the applicant must be an Indian citizen and aged between 16-35 years old. A loan amount for more than Rs 7.5 lakh will require collateral. Academic records, identity proof, income documents, relevant stamp duty and a completed application form must be provided. An appointment letter from the institute with joining date mentioned is mandatory.

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